New majority shareholder with TMS specialist inet-logistics
Castik Capital acquires majority shareholding in the software company inet-logistics. With additional capital from the Luxembourg-based growth fund, the software company based in Dornbirn, Vorarlberg, aims to strengthen its position as one of the world’s leading suppliers of transportation management systems.
At the same time, the international transport and logistics company Gebrüder Weiss is reducing its stake but still remains a shareholder in inet-logistics. Both parties have agreed to keep the purchase price confidential. There are no changes to inet’s established management team headed by CEO Oswald Werle.
The software specialist’s core products are integrated transportation management systems (TMS), which enable companies to manage and analyse their entire transportation chains. “Customer inquiries for cloud solutions have increased significantly over the last few years. Thanks to this investment, we will be able to expand our capacities, standardise products, drive forward innovations and strengthen our global presence,” says Oswald Werle. In its search for investors, inet-logistics was supported exclusively by investment bank William Blair.
“The latest growth opportunities enable inet to position itself to its advantage in the changed competitive situation in the global TMS software market. Our customers also benefit from this digital know-how,” says Peter Kloiber, Management Board Member at Gebrüder Weiss. Prior to the involvement of Castik Capital, Gebrüder Weiss was the parent group of inet-logistics. The transport and logistics company already uses inet TMS software for a large number of its customers worldwide.
With 150 employees in eight locations, inet-logistics is a leading European provider of Software-as-a-Service (SaaS) with substantial expertise in in the field of logistics. Born in the cloud, inet has nearly 20 years’ experience in making the complex processes of major logistics networks easy to manage with robust IT solutions, inbound and outbound, multimodal and global. The inet TMS enables transport costs to be reduced by about 20 percent by networking all supply chain partners on a single platform in real time.